Autodesk Lifts Full-Year Outlook After Q1 Beat
From Financial Modeling Prep: 2025-05-23 15:46:00
Autodesk (NASDAQ:ADSK) exceeded expectations in Q1, reporting non-GAAP EPS of $2.29 on revenue of $1.63 billion. Growth was driven by a 20% increase in the AECO segment and a 23% rise in the Make segment. Q2 projections include adjusted EPS of $2.44-$2.48 on revenue of $1.72-$1.73 billion, surpassing estimates.
For fiscal year 2026, Autodesk raised its guidance to non-GAAP EPS of $9.50-$9.73 on revenue of $6.93-$7.00 billion, up from previous estimates of $9.34-$9.67 EPS on revenue of $6.90-$6.97 billion. The company’s cloud-based design and engineering solutions are driving demand and growth in key segments.
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